British Columbia · Receivership (court-appointed)
Affidavit of E. Welte
Affidavit · 22 May 2025
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What we verified from this filing3 verified
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file noS253889
- secured creditorsnote: Payout statement (Exhibit B) total as of 5/12/2025: principal $9,300,000.00 + accrued interest $69,992.06 = $9,369,992.06; per diem interest $1,707.12. Also guaranteed by Corporate Guarantors (Danacan Holdings Inc., 1137951 B.C. Ltd., Tavankar Industries Ltd., D.M.S. Enterprises Ltd.) and Personal Guarantors (individuals named in affidavit, not companies). Demand Letter dated May 2, 2025 stated indebtedness of $9,352,920.82 as of that date (superseded by later payout statement figure). · page: 20 · as of: 2025-05-12 · amount: 9369992.06 · debtor: Rupert Mews Limited Partnership / Rupert Mews GP Ltd. / 1152846 B.C. Ltd. (Nominee) · creditor: National Bank of Canada · currency: CAD · security: Mortgage with assignment of rents (principal $9,300,000) registered Oct 29, 2020, New Westminster Land Title Office, as modified Jan 31, 2023; site-specific general security agreements (GSAs) over all property located on or used in connection with the Property; general assignment of rents and leases dated Oct 28, 2020; direction and beneficial charge agreements dated Oct 8, 2020 and Feb 14, 2023; unlimited guarantee from Nominee dated Oct 28, 2020